VOL. XXXII

NO. 8

28-NOVEMBER-1988

Financial and Banking News

LOANS AND ISSUES

Kuwaiti T-Bill Issued

The Central Bank of Kuwait last week redeemed the 20th issue of governmenttreasury bills, worth KD100mn, and replaced them with an equivalent issue (the28th) which matures on 15 February. A total of KD234.4mn was offered for theissue, which was allotted at an average discount yield of 6.59%.